Category: Trend Indicators
Navel Sma Indicator
The Navel Sma falls into moving average type of indicators, but it’s designed to provide more clean outlook on markets trends. For most of the time, it clearly stays either below or above price candlesticks. This alignment tells us whether there is bullish or bearish ongoing (and past) trend. Take a look at some examples.
Chimp Indicator
The Chimp Indicator is a custom forex trading tool that presents its signals in the form of a histogram. The indicator is displayed in a separate window placed just below the main trading chart. The green and red bars move in above and below 0 level and you should trade accordingly to the following suggestions. […]
Loco Indicator
The Loco Indicator for MT4 works in a very similar manner to PSAR. It displays dots located either below or above candlesticks – depedning on bulish or bearish setup. This forex indicator is helpful in recognizing the market trend direction and provides dynamic support or resistance levels. Example chart:
Double Zero Visualizer Indicator
The Double Zero Visualizer for MT4 is a simple forex indicator showing overall market direction. It’s really simple to understand the readings, thus it’s suitable for both beginners and experienced traders. The starting point is big green line located either below or above candlesticks. When it comes to signals, it is as follows. When the […]
MATWO Indicator
The MATWO is a custom forex trading indicator based on the moving averages. When the signal line crosses the zero line, you should expect the price to move in the direction of the intersection. The formation of a top or a bottom represents a probable reverse or a correction. These kinds of intersections and formations […]
Instrend Indicator
The Instrend Indicator is a custom forex trading indicator. It works on two simple lines and their crossovers are signals for trades. Blue line crossing below the red line reflects a bearish trend. On the contrary, the blue line crossing above the red line reflects a bullish trend. We suggest to use it as a […]
iAnchMom Indicator
The iAnchMom indicator for MT4 comes in handy in recognizing overall market direction and for the calculations it uses SMA and MOM. It displays histogram bars and visually it is simialar the MACD. The readings above 0 level corresponds to bullish trend, and similarly, readings below 0 level suggest bearish trend. It’s best use case […]
Raghee Vague Indicator
The Raghee Vague Indicator for MT4 displays several moving averages – three 34 period EMAs and one 200 period SMA. Simply look for buy trades when the 3 EMAs are above the 200 SMA. Similarly, look for sell trades the 3 EMAs are below the 200 SMA. Example chart:
Holt Double Exponential Smoothing Indicator
The Holt Double Exponential Smoothing Indicator for MT4 is responsible for detecting market momentum. It is mainly used for forecasting, not as an average. The forecasting method usually used with it is a sort of linear forecasting. Simply look for buy trades when the signal line is green color, and similarly, look for sell trades […]
FATL PlusBack Indicator
The FATL PlusBack Indicator for MT4 simply consists of the four moving averages. When it comes to trading rules with it, just look for buy trades when the orange and green lines are above the red line. Similarly, look for sell trades when the orange and green lines are below the red line. Example chart:
